Janus Henderson Small Cap Growth Alpha ETF
JSML
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 151 Detroit Street Denver CO United States of America 80206
- IPO Date
- Feb 25, 2016
- CIK
- 0001500604
- Website
- janushenderson.com
- Similar Companies
- Business
- Janus Henderson Small Cap Growth Alpha ETF (JSML) is an exchange-traded fund that seeks long-term growth of capital by investing in a portfolio of small-cap growth companies selected through a systematic process leveraging proprietary fundamental factors, including measures of growth, profitability, and capital efficiency; the fund employs portfolio optimization for explicit risk management, monitoring tracking error, exposures, and active adjustments to maximize alpha generation. Issued and managed by Janus Henderson Investors, a global asset management firm headquartered in Denver, Colorado, with operations spanning North America, Europe, Asia-Pacific, and other regions, JSML primarily targets institutional and retail investors seeking exposure to the U.S. small-cap growth equity segment. The ETF, which trades on the Nasdaq under the ticker JSML, maintains an expense ratio of 0.30%, quarterly dividend distributions, and a focus on approximately 112 holdings as of recent data. Launched on February 23, 2016 (with initial trading on February 25, 2016), JSML originally aimed to track the Janus Small Cap Growth Alpha Index through a rules-based, index-like approach derived from Janus Henderson's fundamental research heritage. In March 2025, Janus Henderson announced a significant strategic shift, converting JSML—along with the related Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD)—from an index-tracking strategy to a fully actively managed ETF; this change, effective in mid-May 2025 pending approvals, introduced flexible rebalancing, enhanced alpha-seeking through combined factor analysis and optimization, and tighter tracking error controls to better capture small-cap upside potential amid varying market conditions. No major acquisitions, funding rounds, or new product launches specific to JSML have been reported in the last 1-2 years beyond this core operational evolution, which aligns with Janus Henderson's broader expansion of its active ETF suite to 14 offerings totaling over $26.5 billion in assets under management as of late 2024.